Property Type: Detached HouseOwnership: Freehold

5311 COLBECK ROAD

Richmond, BC V7C3E6

$1,699,000

5 bed3 bath2 parking2,624 sqftBuilt 1958
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Property Details

Property & Lot

Sub-type
House
Lot size
7,920 square feet
Frontage
0 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,579.08 (2025)

Interior

Heating
Natural gas
Cooling / A/C
Air Conditioned
Fireplace
None

Parking

Total spaces
2 — covered indicated
Features
Detached Garage

Listing Information

MLS®
R3149160
Listed
July 22, 2026
Time on market
On the market for 40 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Nu Stream Realty Inc. · Data source: CREA DDF.

Description

Endless potential awaits on this property which situated in a highly desirable, quiet street setting, family-friendly neighborhood! This classic 2-storey home featuring a functional two-level layout with 5 bedrooms and 3 bathrooms. Whether you choose to live in, renovate, hold as a rental or build your dream custom home, this property offers the perfect foundation. Minutes from local shopping, Railway Greenway, Thompson community center, transit and easy access to major commuter routes. School catchment : McKay Elementary, Burnett Secondary and McMath Secondary for French Immersion. (id:63159)

Values & Trends

This listing

$647/sqft

Building average

No other active listings in this building

Richmond average

$809/sqft

621 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Detached (House) Market Stats — Richmond

Monthly figures from the Fraser Valley Real Estate Board for Richmond detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

$1,911,700

Jul 2026

Average Sale Price

$1,917,898

Jul 2026

Monthly Sales

63

Jul 2026

Active Listings

612

Jul 2026

Sales-to-Active Ratio

10.0%

Jul 2026

Median Days to Contract

27 days

Jul 2026

MLS® HPI Benchmark Price

$2,225,800
$1,911,700
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

17°C

Clear

Humidity 100%

Wind WNW 13 km/h

Tonight

14°

Tuesday

21°

Tuesday night

16°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

209,937

(2021 Census)

+5.9% since 2016

Density: 1,629.1/km²

Dwellings: 85,035

Median household income: $79,000

After-tax: $71,000

Immigrant population: 60.3%

Top countries of origin (% of total population)

  • China22.1% · 46,490
  • Hong Kong11.6% · 24,340
  • Philippines6.5% · 13,570
  • Taiwan3.7% · 7,745
  • India2.6% · 5,380
  • United Kingdom1.1% · 2,210
  • United States of America0.8% · 1,600
  • Viet Nam0.7% · 1,510

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

30

6/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
des NavigateursElementary223 m
R M Grauer ElementaryElementary713 m
Donald E McKay ElementaryElementary766 m
Blundell ElementaryElementary1.0 km
Jessie Wowk ElementaryElementary1.1 km
J.N. Burnett SecondarySecondary1.3 km
St Joseph the Worker(Independent)Elementary1.4 km
Hugh Boyd SecondaryElementary1.4 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Northbound Railway Ave @ Colbeck Rd300 m
Southbound Railway Ave @ Colbeck Rd319 m
Northbound Railway Ave @ 8600 Block401 m
Southbound Railway Ave @ Blundell Rd424 m
Southbound Railway Ave @ 8600 Block427 m

Nearby Places

Restaurants (5+)

  • Sushi Lovers514 m
  • Sushi Han · 8180 Number 2 Road586 m
  • LA Grill and Bistro597 m
  • Bamboo Express · Number 2 Road599 m
  • Otaru Japanese Kitchen628 m

Cafes (3)

  • CoCo Fresh Tea & Juice584 m
  • Starbucks590 m
  • Polar Bear Sweet House · 6060 Blundell Road609 m

Grocery (1)

  • FreshCo · 6140 Blundell Road638 m

Parks (3)

  • Kilgour Neighbourhood School Park195 m
  • Railway Greenway622 m
  • Grauer Neighbourhood School Park · 4440 Blundell Road672 m

Pharmacies (1)

  • Shoppers Drug Mart652 m

Banks & ATMs (3)

  • BMO · 8180 Number 2 Road568 m
  • TD579 m
  • Vancity · 6020 Blundell Road602 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($339,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,359,200.00
Periodic payment — Principal & Interest (monthly)$8,769.10
Additional monthly expenses (strata, tax, utilities, etc.)$679.26
Total monthly cost$9,448.35
Interest paid over 5-yr term$389,550.63
Balance at end of term$1,222,604.80

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$339,800
Stress test qualifying rate8.09%
Payment you must qualify for$10,451.77

Cash Needed at Closing

Minimum down payment$339,800
Estimated BC PTT$31,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$373,280

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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